Forecast Of The Day: VW’s Porsche, Bentley Cars Sold

+22.88%
Upside
18.61
Market
22.87
Trefis
VWAGY: Volkswagen logo
VWAGY
Volkswagen

What?

Volkswagen’s (OTCMKTS: VWAGY)  Porsche, Bentley Cars Sold fell from 272,000 in 2019 to 264,000 in 2020 and recovered strongly to 300,000 in 2021. Trefis expects the number to rise to around 306,000 by 2023.

Why?

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  5. Will Volkswagen’s Stock Rise Post Q3 Results?
  6. Forecast Of The Day: Volkswagen’s Audi Cars Sold

While sales dipped a bit due to Covid-19 in 2020, the robust economic recovery and soaring household wealth have helped VW’s ultra-luxury vehicle sales.

So What?

We value VWAGY stock at about $34 per share, 30% ahead of the current market price.

See Our Complete Analysis For Volkswagen

What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.

Returns Mar 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 VWAGY Return -5% -16% -14%
 S&P 500 Return 6% -3% 107%
 Trefis MS Portfolio Return 5% -6% 270%

[1] Month-to-date and year-to-date as of 3/30/2022
[2] Cumulative total returns since the end of 2016

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